Plan Ledger DOL Form 5500 · updated monthly

Eye Surgeons Associates, P.C.401(k)

EYE SURGEONS ASSOCIATES, P.C. RETIREMENT PLAN · BETTENDORF, IA · plan year 2024

Reported admin expense ratio · 2024
0.15%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Eye Surgeons Associates, P.C. reported $37,909 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,793 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 327th-largest of 878 plans among Iowa employers on file, and the 2,949th of 11,911 in health care & social assistance. In 2024, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,515,714
Participants with balances143
Active participants132
Employer contributions$368,642
Employee contributions$802,672
Employer contribution per active participant$2,793
Average account balance$192,418
Benefits paid to participants$1,403,267
Plan auditUnmodified (clean) audit opinion
AuditorBT&CO., P.A
Plan history3
Yearassets · accounts · employer contribution
2024$27.5M · 143 accts · $369K emplr
2023$24.2M · 148 accts · $352K emplr
2022$20.4M · 144 accts · $344K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,909
Total administrative$37,909
The Eye Surgeons Associates, P.C. 401(k) match · 2024
Employer contribution per active participant$2,793
Median for plans this size$2,416
2024$2,793 per active participant
2023$2,514 per active participant
2022$2,663 per active participant

Eye Surgeons Associates, P.C.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
INVESTMENT CONSULTING GROUP INC · Investment advisory (plan)$19,614
BROOKE CLINE & ASSOCIATES, LLC · Contract administrator$12,352
EMPOWER ADVISORY GROUP, LLC · Investment management$2,216

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$37,909 · 0.15%
2023$32,457 · 0.15%
2022$32,347 · 0.14%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Medtec LLC IA$30.5M · 0.23%
Community Health Care, Inc IA$27.9M · 0.01%
Abcm Corporation IA$26.4M · 0.58%
Hope Haven, Inc. IA$26.2M · 0.57%
Lifeserve Blood Center IA$22.7M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421160748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.